National Insurance - big changes are coming very soon Date: 10th February 2025 Subject: Changes to Employers’ National Insurance and the...

If you are VAT registered and you are invoicing your main contractor for work carried out under CIS, you may be wondering if you should...

Your main contractor is required to deduct income tax from your payments, and pay these over to HMRC on your behalf. Do I have to...

Since 2018, or earlier for larger employers, the default position for staff is for them to be opted in to pension contributions rather...

You can give your staff members a Christmas present without it becoming a taxable benefit-in-kind, but there are some rules to stick to:...

You can put on a Christmas party for your staff without it becoming a Benefit-in-Kind (as in without incurring a tax charge) as long as...

The labour government’s first budget has been widely analysed, so in this briefing we are focussing on changes to employers’ class 1...

Making sure that you understand VAT rates and what VAT applies to is key to your business success.

The VAT threshold is currently £90,000. Businesses with a turnover of less than £90,000 over the last 12 months do not have to register...

Tax returns can be submitted from 6th April, and there are many reasons to do them before the 31st January deadline: You don't need to...

Value Added Tax. VAT can be at 20%, 5%, 0%, and some things are exempt from VAT. Often described as a 'luxury tax' this is an...

Most businesses that have staff will need to register for PAYE, and make deductions from staff pay for tax, national insurance plus...

Airbnb make net payments after deducting fees You might be a great host or even a superhost, but HMRC won't be interested in this when...

Tax returns can be submitted from 6th April, I did my own tax return on 7th April and it feels good. There are many reasons to get your...

March is an important month because it is your last opportunity to make changes in the current tax year. You might have had a great year...

Many of us have been asked to work from home during the Coronavirus pandemic, in fact the government has even instructed us to work from...

Starting a business is exciting, exhilarating, exhausting and scary. There is a lot to think about. Will you operate the business as a...